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My only hesitance is that I don't see VNDM and VFIN on the bid and they are the main manipulators here
Because they can. The stock ran up over 40% today, and exponentially higher in the past month. Different people have different strategies, and 40% is an amazing gain. Personally, I am up over 100% but still waiting to sell. Not everyone is going to be a die-hard long, but everyone serves their purpose
Agreed, but it may be a combination of orders from TD Ameritrade all at the same price
Im down to slap the ask once that's gone, but I have no idea how many shares VNDM has and I don't wanna do it for nothing
I've made my strategy clear on this one. You either agree or disagree: either of which is fine.
If you are up right now, good for you. I'm not, so I don't plan to sell at these levels.
The running it to the ground thing is a self-fulfilling prophecy though. If people keep panic selling on the bid, the price will keep going down and the whole phenomenon will repeat itself.
Good luck to you with whatever you decide to do!
That's because we dropped down to .0016. If the PRs were dropped when we were in this range, we would be over a penny right now for sure.
Each PR pushed the price up about 40% initially. Give them some time to sink in. And, i think it is fair to expect more from Ed given his recent transparency
I completely agree with you on all of those points. That being said, the company's market cap is under $2mm so I don't expect them to be a big player in the gold game. At least not until their stock price rises and they accumulate more funding.
This is one of those company's where I care more about the technicals/PPS than I do about the fundamentals. This stock is prone to big spikes followed by gradual declines. When the initial MMJ PR was released, the stock went up to .08, and that was probably because of the low float. PRs can work wonders for a stock like this. If it doesn't move on the next PR, I am out. But, for now, It just seems like a bunch of people panic selling over the current PPS. I'm not playing that game. Let the emotional investors sell. Maybe they are right for selling, but that's not how I trade.
I hate getting stuck holding these kinds of stocks, but you reap what you sow, and I made the trade. I planned to be out by now. Luckily, I'm not holding too much.
That is still a pretty low float, which will allow PMXO to move on news. I agree that they are an all around "iffy" company. But, by this point, PMXO is just a lotto play for me. I'm not going to try to hype it, but I also believe that it has the potential to go higher than it is today. it just may take awhile...
I emailed the company with some questions, so hopefully they get back to me soon.
Exactly. Going up 40% in one day is great for a legitimate company. This isn't some bullshit medical marijuana play that's going to spike and crash. We are making great progress, and we are doing it fast.
Damn this trades thinly.
Do you know what the float is?
Agreed, but the only people who understand the true magnitude of that release are the people who have been here for a long time, and those people also happen to be the ones who are already holding long positions.
Each PR seems to push us up about 40% the first day, so we are still in a good place. That being said, I think we will close higher. That PR was huge in my opinion
These PRs are huge. From what I know about Ed (which isn't too much cuz I've never met him), he seems very methodical with his business practices. Those PRs seem like the beginning to some bigger rollout.
Keep in mind, Ed has not released anything for months, and now we get 2 PRs in 2 weeks, Twitter updates, etc. MYEC has been behind the scenes, but now they are becoming more transparent. Think about it; why would you start becoming transparent unless some big moves were coming?
I already have a substantial position. I've been here for months.
I just want more because this company is setting up for big things. However, with some of the MMs holding us back, I want to make sure I get in at the right time, as this stock is very volatile.
Please take a quick trip back to the 4s so I can load up for later...
damn I spoke too soon
I hope you didn't lose money on it...
Why thank you my good sir. I wish you the best of luck in your trading endeavors
VNDM moved up to .0071 so we should have room to run.
My 48 order never got filled, but I may have more buying opportunities today. I'm glad you got your shares
Like InDaZone mentioned, it's only a matter of time before VNDM leaves the ask. He traded the same way yesterday.
MYEC up 40% and still moving. Now, could be a good time to load up for a run later, IMO.
Those people don't even matter until VNDM is off the ask
Yeah, same thing as yesterday. I may pick up another million shares but I want to see how this trades a bit longer. 40 mil volume in the first hour of trading. we have the buying power to move up, but these MMs are holding it back now. Its just a matter of time.
Im still up over 100% on my initial investment, so I can wait
Agreed. We got up to .008 with no news or catalysts whatsoever. We need to get over .008 on this news. This is a flippers dream right now though so we need flippers to run out of shares
MYEC is on the top charts today
Ed Starrs https://twitter.com/EdStarrs
MyECheck https://twitter.com/MyECheck
Smart move. Gotta lock in profits with stocks like these. I sold a good amount during the initial run last week at .0047 on accident. I had an old limit order in but I cancelled it before it got completely filled. The run was the time to sell. Right now, selling is just hurting the price.
I'm still holding a lot of shares at a big gain, but looking to hold way more. This stock is so cyclical/predictable. I love it.
I'm still not sure how much the stock can drop, but I have funds ready if it does.
Yeah, I saw that yesterday, and thought it might be you. It caught me off guard.
It wasn't me this time again. Looks like people are catching on to my signature move ;)
I was waiting today as I expect more sales by the end of the day.
So even if you bought in during the last couple of days? That would be an interesting rule, but I guess it is good for new investors
I wouldn't mind a trip to the low 3s. I expected that this week anyway.
Made a post saying I thought 3s would act as support http://investorshub.advfn.com/boards/read_msg.aspx?message_id=97365610
So, these levels for the past two days are already higher than I expected.
AMMX - I dare you to try to find a more undervalued penny stock.
I'm not just trying to build hype. Find a more undervalued penny stock, and I'll buy in.
This is a fundamental play, not a technical play (no chart flippers).
AMMX - I dare you to find a more undervalued penny stock.
Seriously, please find one and I'll buy it.
I'm already up 100% on AMMX and HUGE updates are expected
Maybe after hours... Do you know what the dividend requirements are?
500k order at .0165. That's some damn good bid support - should be indicative of public sentiment.